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Visa executive gets confronted with a statement from his CFO: “So net-net, I mean [Visa is] a beneficiary of inflation.” Visa makes money when American consumers lose Today, they get held accountable in a Senate hearing Contact your Senator and tell them to support the Credit Card Competition Act!

280,063 Aufrufe • vor 1 Jahr •via X (Twitter)

10 Kommentare

Profilbild von Moderate to Severe
Moderate to Severevor 1 Jahr

Bill Sheedy is looking shady. Of course he would never admit that VISA makes more money when the consumers are getting screwed over by inflation because that would imply a predatory and adversarial relationship with the consumer. And that can't be right, can it?

Profilbild von Oreo_Speedwagon
Oreo_Speedwagonvor 1 Jahr

Wait. Durbin repeatedly talks about, "The weakness in our economy". Haven't the Dems have been touting how strong our economy is? 🤨🙄

Profilbild von XZherron
XZherronvor 1 Jahr

When people are strapped for cash the credit card becomes a means of survival and with inflation under Biden millions are in credit card debt paying upwards of 30% interest. It's about time someone holds them accountable.

Profilbild von Philip Anderson
Philip Andersonvor 1 Jahr

Drop all charges against J6 defendants on DAY ONE. Free all J6 prisoners on DAY ONE Anything less than that is UNACCEPTABLE

Profilbild von paula wilson
paula wilsonvor 1 Jahr

Inflation has allowed credit card companies to prosper in the financial desperation of Americans trying to survive!

Profilbild von Nicki 🇺🇸
Nicki 🇺🇸vor 1 Jahr

This another for show hearing where nothing will change!

Profilbild von Scott Craig
Scott Craigvor 1 Jahr

CC interest rates are absolutely crazy!

Profilbild von Pepe Deluxe 🐸
Pepe Deluxe 🐸vor 1 Jahr

Not having the issuing banks there show how ignorant we as #MAGA are on how the Visa/MC works They make the same no matter what rates the issuing banks charge In fact if we lower rates I'm sure Visa MC won't mind at all Nobody asked the right questions at all

Profilbild von Michele
Michelevor 1 Jahr

My RINOs aren’t listening to their constituents.

Profilbild von kev74
kev74vor 1 Jahr

For these guys, a senate hearing is the equivalent of getting detention - mild annoyance for a few hours. I wouldn't call it being held accountable.

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